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MONA VERMA MAKHIJA
(March, 2015)
724 Fisher Hall
Max M. Fisher College of Business
The Ohio State University
Columbus, OH 43210
(614) 292-8692
2310 Hoxton Court
Columbus, OH 43220
(614) 538-8549
email: Makhija.2@osu.edu
EDUCATION:
Doctor of Philosophy in Business, 1990
University of Wisconsin-Madison
Graduate School of Business
Major: International Business
Master of Public Policy & Administration, 1982
University of Wisconsin-Madison
The LaFollette Institute of Public Policy & Admin.
Major: Public Policy and Administration
Master of Business Administration, 1981
University of Wisconsin-Madison
Major: Management
Bachelor of Arts, 1978
University of Wisconsin-Madison
Major: Psychology
RESEARCH INTERESTS:
International strategy/ international business: global strategies,
management of multinational firms, cross-national differences in
firm structures and strategies
Institutional differences across national contexts: governmentbusiness relationships; political risk analysis
Organizational issues: structure and control mechanisms;
knowledge management
EXPERIENCE:
Professor of International Business, 2012-present
Area Editor, JIBS (June 2013-June 2016)
Fisher College of Business
The Ohio State University
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Associate Professor of International Business, 2005-2012
Fisher College of Business
The Ohio State University
Assistant Professor of International Business, 1999-2005
Fisher College of Business
The Ohio State University
Assistant Professor of Strategy, 1991-1999
Katz Graduate School of Business
University of Pittsburgh
PUBLICATIONS:
Morris, S., Zhong, B., and Makhija, M. 2014. Going the distance:
getting employees to expand their knowledge reach within the
MNE. Journal of International Business Studies, forthcoming.
Song, S. and Makhija, M. 2014. International investment
decisions under uncertainty: Contributions of real options theory
and future directions. Journal of Management and Organization,
forthcoming.
Song, S., Lee, S., & Makhija, M. 2014. Operational hedging in
foreign direct investments under volatile and divergent exchange
rates across countries. Journal of World Business, forthcoming
Young, S. and Makhija, M. 2014. Firms’ corporate social
responsibility behavior: An integration of institutional and profit
maximization approaches. Journal of International Business
Studies, 45: 670-698.
Song, S., Makhija, M. and Lee, S. 2014. Within- and acrosscountry flexibility of foreign direct investments under uncertainty.
Global Strategy Journal, 4(2): 127-142.
Turner, K. and Makhija, M. 2012. Reconsidering the role of the
individual in the information processing perspective. Strategic
Management Journal. 33: 661–680
Lee, S. and Makhija, M. 2009. Is international flexibility valuable
during an economic crisis? Strategic Management Journal. 30, 5:
537-555.
Lee, S. and Makhija, M. 2009. The effect of domestic uncertainty
on the real options value of international investments. Journal of
International Business Studies. 40: 405-420.
Lee, S. and Makhija, M. 2008. The value of real options
investments under abnormal uncertainty: The case of the Korean
economic crisis. Journal of World Business. 43, 1: 16-34.
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Song, S., Makhija, M. and Lee. S. 2008. A comparison of
switching and growth options in foreign direct investments.
Academy of Management Proceedings. p.1-6.
Lee, S., Makhija, M. and Paik, Y. 2008. The value of real options
investments under abnormal uncertainty: The case of the Korean
economic crisis. Journal of World Business, 43(1): 16-34.
Turner, K. and Makhija, M. 2006. The role of organizational
control systems in managing knowledge. Academy Management
Review. 31, 1: 198-217.
Makhija, M. and Shenkar, O. 2005. National contexts and the
metanational perspective. Advances in International
Management. JAI Press.
Makhija, M., Ben-Zion, U. and Harel, G. 2005. Elscint and the
Medical Imaging Industry.” In Peng, M., Global Strategy.
Thomson-Southwestern Publishing.
Makhija, M. 2004. The value of restructuring in emerging
economies: The case of the Czech Republic. Strategic
Management Journal. 25, 3: 243-265.
Makhija, M., Ben-Zion, U. And Harel, G. 2004.
“Elscint,
Incorporated and the Worldwide Medical Imaging Industry.” In
O.Shenkar and Y. Luo, International Business. Wiley Publishers.
(textbook).
Makhija, M. 2003. Comparing the Resource-Based and MarketBased views of the firm: Empirical evidence from Czech
privatization. Strategic Management Journal. 24, 5: 433-452.
Makhija, M. and Stewart, A. 2002. The effect of the institutional
environment on perceptions of risk: A comparison of planned
versus free-market managers. Journal of International Business
Studies. 33, 4: 737-757.
Makhija, M. and Williamson, S. 2000. The globalization of U.S.
industries. In Gavin Boyd and Thomas Brewer (eds.), Globalizing
America: The U.S.A. in World Integration. 2000.
Makhija, M. and Stewart, A. 1998. An analysis of risk-taking
perceptions of managers in formerly centrally-planned versus freemarket economies. Advances in International Management, JAI
Press. Received the ANBAR Citation of Excellence in
management research.
Makhija, M., Kim, K. and Williamson, S. 1997. Measuring
globalization of industries using a national approach: Empirical
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evidence across five countries and over time. Journal of
International Business Studies, 28, 4: 679-712.
Makhija, M. and Ganesh, U. 1997. The relationship between
control and partner learning in learning-related joint ventures.
Organization Science, 8, 5: 508-528. Received the ANBAR
Citation of Excellence in management research.
Makhija, M. 1993. Government intervention in the Venezuelan
petroleum industry: an empirical investigation of political risk.
Journal of International Business Studies, 24, 3: 531-556.
Fogel, D., Makhija, M. and Zebrakovsky, K. 1994. The Czech
Management Center: Institution building and organizational
design. In Daniel Fogel (ed.) Managing in Emerging Economies:
Cases from Czechoslovakia (Volume I). Denver, Colorado:
Westview Press.
TEACHING:
Graduate and Undergraduate Courses Taught:
International Strategy 857 (international elective course at the
MBA level, Fisher College of Business).
International Business BA 555/BUSMHR 2000 (core course at the
undergraduate level, FCOB)
International Institutions 4021 (core course for IB majors, FOCB)
Emerging Markets Field Study 808: Brazil, Argentina, and Ethiopia
(international elective course at the MBA level culminating in 2-wk
trip to the foreign country, FCOB)
International Business Environments 856
(international elective course at the MBA level, FCOB)
Strategic Management/Management Policy 799
(core course at the graduate level, KGSB)
(core course at the undergraduate level, FCOB)
Competing in a Global Environment
(core course taught early in the KGSB MBA program, integrates
strategy and international business concepts).
Managing Strategic Performance
(core course taught late in the KGSB MBA program. Deals with
strategy implementation issues. In this course, student teams
work on actual projects for local companies).
MNC Operations in the Global Economy
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(international elective course at MBA level, KGSB)
The Management of Strategic Alliances
(international elective course at MBA level, KGSB)
Organizational Analysis
(core course at MBA level, KGSB)
Doctoral Research Seminars Taught
Advanced Seminar on International Strategy
Seminar on Organizational Learning
International Business: Current Topics
International Business Theories
Coordination and Control in Firms
Multinational Firms and Management Information Systems
Multinational Firms and Host Government Relations
Strategic Alliances and Joint Ventures
DOCTORAL STUDENT-RELATED ACTIVITIES:
Advisor for Kiran Awate’s dissertation on international alliances,
knowledge transfer and innovation in the pharmaceutical industry.
Advisor for Ting Xiao’s dissertation on knowledge linkages and
innovation in the pharmaceutical industry.
Advisor for Anastasia Bailey’s dissertation on the effects of social
capital on immigrant entrepreneurs’ opportunity identification.
Advisor for Susan Young’s dissertation on international corporate
social responsibility.
Advisor for Charles Stevens’ dissertation on political risk effects
on firms’ international investments.
Advisor for Sangcheol Song’s dissertation on real options value of
international investments.
Advisor for Seung-hyun Lee’s dissertation on real option value of
Korean firms’ investments.
Advisor for Karynne Turner’s dissertation on control mechanisms
and knowledge flows.
Served on Comprehensive Exam and Dissertation Committees for
following students:
Anastasia Bailey, 2012
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Chris Sutter, 2011
Bijuan Zhong, 2010
Susan Young, 2009
Suresh Singh, 2009
Mary Davis-Ajami (Pharmacy), 2009
Charles Stevens, 2007
Sancheol Song, 2006
Nilesh Khare, 2006
Naga Damaraju, 2006
Qi Zhou, 2004
Yi Jiang, 2004
Yuanyuan Zhou, 2003
James Lee, 2003
Yan Chen, 2002
Seunghyun Lee, 2000
Karynne Turner, 1997
Cynthia Miree, 1996
Oran Alston, 1996
Sundeep Rustagi, 1996
Paulo Flor, 1995.
Kwangsoo Kim, 1994.
Usha Ganesh, 1993
Susan Key, 1992
Supervised following doctoral research projects:
Kiran Awate’s paper on “Testing Agency and Strategic
Rationales for CSR”
Anastasia Bailey’s paper on “Expatriates and Knowledge
Management in MNEs”
Sangcheol Song’s paper on “The Effect of Learning on
Firms’ Real Options Strategies”
Yi Jiang’s dissertation paper on “International IPOs and
Institutional Uncertainty.”
Karynne Turner, "The Relationship between Control and
Learning for Auto Industry Line Workers" for Strategy
Research Workshop seminar.
Kwangsoo Kim, "The Effect of Culture on Joint Venture
Performance," for Strategy Research Workshop seminar.
Usha Ganesh "Control Systems in International Joint
Ventures,” for Strategy Research Workshop seminar
SERVICE ACTIVITIES:
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Director of Fisher’s PhD Program, 2013-present
Department Coordinator of PhD Program, 2012-present
Faculty Advisor, Business Strategy Society
Invited speaker for Mount Leadership Society (spoke about international
institutional differences), 2010 and2011.
Invited speaker for various organizations, including Office of International
Trade, Ohio Department of Development, Columbus Council for World
Affairs, and others.
Labor Standards Task Force (approximately 40 hours), 2009.
Served as graduate school representative for doctoral defenses in
Psychology, Social Work, History and Agricultural Economics.
Served on FLAS Grant Committees 2001-present for Latin American
Studies and/or East Asian Studies.
Invited speaker for Asian Students Association (spoke about India as an
emerging economy) in January, 2009.
Acting academic director of the International Programs Office (and
CIBER) during 2006.
Invited speaker for the Human Resources Club in the College of Business
(spoke on HR challenges in India) in Fall, 2006.
Graduate Faculty representative for dissertations in Sociology (Spring,
2005), Psychology (Spring 2004), and Social Work (Spring 2003).
Invited speaker for Diversity in Business Organization (spoke on China
and India’s globalization) in Fall, 2004.
Invited speaker for doctoral seminar in the College of Engineering (spoke
on issues relating to R&D and U.S. international competitiveness) in
Spring, 2004.
Invited speaker for Asian Students in Business, an undergraduate
organization, (spoke on Transition of Planned Economies) in Fall 2003.
Organized a Fisher College of Business Conference on Organizational
Controls in a Global Context, February 2002. Sponsored by CIBER.
Served as graduate school representative for doctoral defenses in
Psychology, Social Work, History and Agricultural Economics.
Served on committees relating to the PhD, masters and undergraduate
international business programs at FCOB.
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Keynote speaker for Ohio Chamber of Commerce in March 2001, on
globalization and international trade developments.
Served as coordinator for the KGSB SEO (Strategy and Organizations)
research seminar series for faculty and doctoral students.
Served on the International Policy Committee at KGSB, 1994-1997.
Served on the Computer Policy and Usage Committee, 1992-93 and 19931994.
Served on the Marketing Committee for the new MBA curriculum
brochure, Summer 1994.
Served on Course Development committee for "Competing in Global
Environments" for Fall 1994.
EDITOR/EDITORIAL BOARD:
Area editor, Journal of International Business Studies, June 2013-2016.
Member of the Editorial Board, Journal of International Business Studies,
2006-2013.
Member of the Editorial Board, Management and Organization Review,
2009-present.
Member of the Editorial Board, Advances in International Management,
1998 to 2005.
MEMBERSHIPS:
Academy of Management
Academy of International Business
Strategic Management Society
HONORS/AWARDS/SKILLS:
Pacesetters Award for Excellence in Research, 2006.
Designated as Fisher Research Fellow, 2012-2013
Designated as Fisher Research Fellow, 2011-2012
Best Reviewer Award, Journal of International Business Studies, 2013.
Best Reviewer Award, Journal of International Business Studies, 2011.
Best Reviewer Award, Journal of International Business Studies, 2010.
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Received Fisher Summer Research Funding, 2008 to 2014.
Awarded Global Competence Award, 2012-4, to study the innovationinternationalization relationship for small firms.
Awarded FCOB Grant, 2004, and the Dean’s Summer Research
Fellowship, 2003, in support of my research on control systems and
knowledge flows.
Awarded Global Competence Award, 2002-3, to study the relationship
between organizational controls and organizational learning in
international auto supplier firms.
Awarded Global Competence Award, 2000, to study institutional
differences in managers’ decision making in the U.S., Korea, Chile and
India.
Awarded Institute for International Competitiveness Grant, 1996, to study
control and learning in the auto industry.
Awarded International Business Center Course Development Grant,
1995, to further develop international content for strategic alliance elective
for MBAs.
Awarded International Business Center Research Grant, 1993-4, to study
and collect data on Czech managers' risk-taking behavior.
Member of PSI CHI Honor Society
Awarded AIIS Grant (jointly funded by Smithsonian Institute and National
Science Foundation), to study managerial behavior in government-owned
business organizations in India.
Reading, writing and speaking ability in 3 languages (French, Spanish
and Hindi)
REVIEWER FOR SCHOLARLY JOURNALS:
Administrative Science Quarterly
Academy of Management Journal
Academy of Management Review
Strategic Management Journal
Journal of International Business Studies
Organization Science
Organization Studies
Advances in International Management
Academy of Management
Academy of International Business
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